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Separating fact from fiction: how many unicorns does India really have?

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20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

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How Byju's stacked up against Unacademy and other edtech unicorns in FY22

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06 November, 2023

How Byju's stacked up against Unacademy and other edtech unicorns in FY22

Edtech giant Byju’s remained far ahead of its local peers in terms of revenue during the financial year through March ......

Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO

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03 May, 2023

Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO

Test preparation centre Allen Career Institute, which counts James Murdoch and Uday Shankar-backed Bodhi Tree Systems as its key investor, ......

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How edtech startup ixamBee was valued in new funding round

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24 April, 2023

How edtech startup ixamBee was valued in new funding round

Government jobs-focussed learning platform ixamBee, which counts Mumbai Angels and Jito Angel Network as its investors, has received funding from ......

SoftBank-backed Unacademy to lay off 12% of staff

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30 March, 2023

SoftBank-backed Unacademy to lay off 12% of staff

Indian edtech startup Unacademy is laying off 12% of its workforce, citing a funding winter and pressure to turn profitable, ......

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Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

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29 March, 2023

Upskilling platform Scaler eyes fresh funding but may miss unicorn valuation

Upskilling focussed digital learning platform Scaler Academy, which is backed by the likes of bulge bracket asset managers including Tiger Global and ......

Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive

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21 February, 2023

Why PhysicsWallah backer GSV Ventures still finds Indian edtech attractive

India is still one of the world's most exciting markets for education technology investors, says venture capital firm GSV Ventures, ......

Classplus backs test prep app Abhinay Maths

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02 February, 2023

Classplus backs test prep app Abhinay Maths

Test preparation app Abhinay Maths has raised an undisclosed capital from edtech platform Classplus. Noida-based Abhinay Maths plans to  use the ......

Vedantu's losses widen on rising costs

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31 January, 2023

Vedantu's losses widen on rising costs

Edtech unicorn Vedantu Innovation Pvt Ltd has widened its losses as the revenues jumped by 80%. The company’s losses increased ......

Unacademy arm Relevel to cut 40 jobs as part of ops rejig

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11 January, 2023

Unacademy arm Relevel to cut 40 jobs as part of ops rejig

Edtech unicorn Unacademy will be letting go of 20% workforce from its subsidiary Relevel as the parent entity plans to ......